News Article Cushman&Wakefield office Poland property management Warsaw Wood & Company
by Property Forum | Office

Wood & Company has appointed Cushman & Wakefield as the property manager of its Astrum Business Park in Warsaw’s Włochy district.

Astrum Business Park at ul. Łopuszańka 95 comprises a six-storey building and three four-floor segments with 23,300 sqm of leasable office space. The complex has received BREEAM certification at the ‘Very Good’ rating, due to such green solutions as elevations with high thermal insulation performance ensuring low heat consumption, modern air-conditioning with individual temperature control, waste sorting and an electric vehicle charging station

"At Cushman & Wakefield, we are pleased that the new owner of Astrum Business Park has entrusted us with the property management of the complex. Its prime location with convenient connections to the centre of the capital and its green solutions mean that it’s a functional and tenant-friendly building", commented Karolina Wiśniewska, a senior portfolio manager at Cushman & Wakefield.

Wood & Company, which is headquartered in Prague, entered the Polish market in April when the Wood & Company Real Estate Fund acquired Astrum Business Park from Prochem and the LFI 1 FIZAN investment fund for an undisclosed sum. Founded in 1991, the group has offices in seven European cities: Prague, Bratislava, Warsaw, Milan, Bucharest, Dublin and London. Following the acquisition of Astrum Business Park, the fund’s portfolio comprises eight office buildings and three shopping centres in the capital cities of the CEE region – a total of more than 332,500 sqm of leasable space.